Yenom Developers Propose a New BCH Payment Protocol

Yenom developers Shun Usami, Taiki Uchida and Aoi Serikawa have proposed a new wallet scheme for the global Bitcoin Cash network. The proposal called the Deep Link Payment Protocol (DLPP) is a deep link scheme system tethered to a wallet application with a callback URL. The concept is similar to the BIP21 (URI scheme), a URI formula that allows users to pay for products by simply clicking a link. In essence, the deep link scheme proposed by the Yenom programmers offers a communications equivalent between the wallet and other applications.  

“When the wallet application completes the requested behavior, the wallet pings the callback URL,” explains Usami’s proposal.

Additionally, the Yenom programmers explain the protocol specifications allow forward compatibility. “Adding optional parameters can be done by simply adding them — Adding required parameters or a destructive change can be done by simply changing the type name to new one,” the DLPP scheme details. As long as the mobile clients don’t act on a URL callback without consent from the wallet owner, the protocol can essentially remove three of five steps that are usually required by traditional wallets. According to the Yenom team, a DLPP reference implementation is coming soon.

What do you think about the Deep Link Payment Protocol proposed by the Yenom developers? Let us know what you think about this idea in the comments section below.

Images via Shutterstock, Twitter, hackmd.io, and Yenom

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source: https://news.bitcoin.com/yenom-developers-propose-a-new-bch-payment-protocol/